The Walt Disney Company (NYSE:DIS) Shares Acquired by MUFG Securities EMEA plc

MUFG Securities EMEA plc increased its position in shares of The Walt Disney Company (NYSE:DIS) by 726.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 248,859 shares of the entertainment giant’s stock after buying an additional 218,758 shares during the quarter. Walt Disney comprises 1.3% of MUFG Securities EMEA plc’s investment portfolio, making the stock its 19th biggest holding. MUFG Securities EMEA plc’s holdings in Walt Disney were worth $22,469,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in DIS. Planned Solutions Inc. purchased a new position in Walt Disney during the 4th quarter worth approximately $26,000. Fortis Group Advisors LLC purchased a new position in Walt Disney during the 3rd quarter worth approximately $30,000. Stone House Investment Management LLC grew its stake in Walt Disney by 355.3% during the 4th quarter. Stone House Investment Management LLC now owns 346 shares of the entertainment giant’s stock worth $31,000 after buying an additional 270 shares during the last quarter. Partnership Wealth Management LLC purchased a new position in Walt Disney during the 4th quarter worth approximately $33,000. Finally, Evolution Advisers Inc. grew its stake in Walt Disney by 38.2% during the 4th quarter. Evolution Advisers Inc. now owns 380 shares of the entertainment giant’s stock worth $34,000 after buying an additional 105 shares during the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on DIS. Rosenblatt Securities raised their price target on Walt Disney from $129.00 to $137.00 and gave the stock a “buy” rating in a research note on Tuesday, April 2nd. Tigress Financial reiterated a “buy” rating and issued a $136.00 target price on shares of Walt Disney in a research note on Wednesday, February 21st. Barclays lowered their target price on Walt Disney from $135.00 to $130.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 8th. Daiwa Capital Markets reiterated a “buy” rating and issued a $133.00 target price on shares of Walt Disney in a research note on Monday, April 1st. Finally, Redburn Atlantic upgraded Walt Disney from a “sell” rating to a “neutral” rating and set a $100.00 target price on the stock in a research note on Tuesday, May 21st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-two have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $126.29.

Walt Disney Price Performance

DIS stock traded up $1.10 during midday trading on Friday, hitting $101.76. 6,451,579 shares of the stock were exchanged, compared to its average volume of 12,550,620. The stock’s 50-day moving average price is $112.52 and its 200-day moving average price is $103.04. The stock has a market cap of $185.51 billion, a price-to-earnings ratio of 110.61, a PEG ratio of 1.26 and a beta of 1.40. The Walt Disney Company has a fifty-two week low of $78.73 and a fifty-two week high of $123.74. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.69 and a current ratio of 0.75.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.09. The firm had revenue of $22.08 billion during the quarter, compared to analysts’ expectations of $22.12 billion. Walt Disney had a return on equity of 8.37% and a net margin of 1.90%. Walt Disney’s revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.93 earnings per share. Research analysts predict that The Walt Disney Company will post 4.76 earnings per share for the current year.

Insider Buying and Selling

In related news, Director James P. Gorman purchased 20,000 shares of the business’s stock in a transaction dated Wednesday, May 8th. The stock was bought at an average cost of $106.03 per share, with a total value of $2,120,600.00. Following the completion of the acquisition, the director now directly owns 20,467 shares in the company, valued at approximately $2,170,116.01. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, EVP Sonia L. Coleman sold 1,857 shares of Walt Disney stock in a transaction on Monday, April 1st. The stock was sold at an average price of $121.92, for a total value of $226,405.44. Following the completion of the sale, the executive vice president now owns 4,400 shares of the company’s stock, valued at $536,448. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director James P. Gorman acquired 20,000 shares of the stock in a transaction dated Wednesday, May 8th. The stock was acquired at an average cost of $106.03 per share, with a total value of $2,120,600.00. Following the transaction, the director now owns 20,467 shares of the company’s stock, valued at $2,170,116.01. The disclosure for this purchase can be found here. 0.10% of the stock is currently owned by insiders.

Walt Disney Company Profile

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.